Real estate
February 24, 2015 16:39
Oracle Romania has rented 10,000 sqm in Sky Tower office building in the Barbu Vacarescu – Floreasca area, one of Bucharest's landmarks, thus recording the first large real estate transaction of the year....more »
February 11, 2015 16:26
NEPI's development pipeline, including redevelopments and extensions to secured acquisitions, has increased to 547 million euro (estimated at cost), up 42 percent compared to the previous year, 176 million euro having been spent by 2014 year-en...more »
February 05, 2015 14:01
Investments in real estate assets, as well as new developments will be extended throughout 2015, too, continuing the tendency observed last year, according to PwC specialists who expect cities like Bucharest, Timisoara and Cluj-Napoca in particular to see intense construction activity....more »
January 12, 2015 14:49
The office space take-up in Romania’s major cities, including Bucharest, increased by 9.9 percent last year, reaching about 346,000 sqm, according to a report by Esop Consulting, reads Mediafax. While in Bucharest the leasing activity grew by only 5.57 percent compared to 2013, in the rest of the country the office space subject of such transactions advanced by 61 percent....more »
January 06, 2015 15:33
The value of domestic real estate deals boosted last year when the transactions including office, retail or industrial properties came to about 1.1 billion euro, an advance by 220 percent compared to 2013 when the reported value was 351 million euro, according to CBRE, reads Mediafax....more »
December 12, 2014 16:06
Globalworth investment fund seals a new acquisition on the domestic market, the Romanian competition authority approving the 43 million euro transaction for taking over UniCredit HQ office building. According to the related Competition Council...more »
December 08, 2014 14:26
The acquisition campaign run by the investment fund established and controlled by Greek businessman Ioannis Papalekas continues with a new property added to the domestic portfolio: Nusco Tower, office building for which Globalworth will pay 46 million euro, reads a company release....more »
December 05, 2014 14:17
Globalworth, the real estate investment fund controlled by Ioannis Papalekas announces the signing of a 10-year lease contract with Elster Rometrics in Timisoara Airport Park (TAP), an industrial park developed in western Romania, the company’s sole project located outside Bucharest....more »
November 27, 2014 14:28
The investment fund established and controlled by Greek businessman Ioannis Papelkas has announced the acquisition of the first office building in the Green Court office park, project developed by Skanska Romania, the transaction being valued at 44 million euro. Closing of the acquisition is scheduled for the second quarter of 2015, states a Globalworth release....more »
November 21, 2014 15:22
Globalworth, the real estate investment fund controlled by Ioannis Papalekas, has signed a 10-year lease agreement with Telekom Romania Telecommunications (former Romtelecom) for a gross leasable area of about 25,000 sqm....more »
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